Japan Jibun Bank Services PMI above forecasts (52.2) in April: Actual (52.4)

May 7, 2025

EUR/USD continues to muddle along ahead of key Fed showing

EUR/USD muddled through Tuesday’s market action, marking out a fresh near-term consolidation range near the 1.1300 major handle as Fiber traders wait for a reason to move.

PBOC sets USD/CNY reference rate at 7.2005 vs. 7.2008 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.2005 as compared to the previous day's fix of 7.2008 and 7.2124 Reuters estimate.